PPP Loan information for Minority electric co., inc.

$70,780

Minority electric co., inc. was initially approved for PPP Loan of amount $70,780, the current approved amount is $70,780. The loan was approved on 08/06/2020 by The U.S. Bank, National Association reported 8 jobs and $70,780 was used to fund payroll.

Minority electric co., inc. is Existing or more than 2 years old

PPP Loan Search / OH / LORAIN / Minority electric co., inc.

MINORITY ELECTRIC CO., INC.

Date Approved

08/06/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

MINORITY ELECTRIC CO., INC.

Borrower Address

200 28TH ST E

Borrower City

LORAIN

Borrower State

OH

Borrower Zip

44055

Loan Status Date

03/17/2022

Loan Status

Charged Off

Term

40

SBA Guaranty Percentage

100

Initial Approval Amount

70780.00

Current Approval Amount

70780.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LORAIN

Project County Name

LORAIN

Project State

OH

Project Zip

44055-0001

CD

OH-05

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70780.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;